What is Gemini?

Gemini is a cryptocurrency centralized exchange (CEX) headquartered in New York. It operates under the regulation of the New York State Department of Financial Services and serves customers in all 50 U.S. states as well as more than 60 countries. Gemini places a strong emphasis on security and compliance, although it offers a slightly smaller selection of cryptocurrencies compared to its competitors, with over 80 cryptocurrencies and 21 crypto-to-crypto trading pairs available.

Who are Gemini's users?

The platform caters to both novice and experienced traders. Alongside its user-friendly interface, Gemini provides a wealth of educational resources for individuals new to the world of cryptocurrencies. Customers' accounts are meticulously safeguarded, and Gemini was among the pioneers in achieving 'SOC 1 Type 2' and 'SOC 2 Type 2' certifications. Additionally, the exchange offers insurance coverage to protect against certain types of losses.

What products does Gemini offer?

Gemini offers a range of core products, including:

Gemini ActiveTrader: Designed for skilled traders and investors.

Gemini Exchange: The primary platform for cryptocurrency trading.

Gemini Derivatives: Offering derivative trading options.

Gemini Wallet: A secure wallet for storing cryptocurrencies.

Gemini Mobile: A mobile application for trading on the go.

Gemini Clearing: Clearing services for cryptocurrency transactions.

Gemini Dollar (GUSD): Gemini's stablecoin.

Gemini Custody: A service for safeguarding digital assets.

Who Are the Gemini Founders?

Gemini was co-founded by the Winklevoss brothers, Tyler and Cameron. These identical twins are not only former Olympic rowers but also seasoned investors who established Winklevoss Capital Management. They previously co-founded HarvardConnection (or ConnectU), a social networking service, and Guest of a Guest, a social media website. Notably, the Winklevoss twins were classmates of Mark Zuckerberg at Harvard and sued him in 2004, alleging that he had stolen their idea for ConnectU to create Facebook. As a result of the lawsuit, they were awarded a $65 million settlement.

When Did Gemini Launch?

Gemini Trust Company, LLC announced the launch of the Gemini exchange in early 2014, although it officially became operational in October 2015.

Gemini Restricted Countries

Gemini is accessible in more than 60 countries, including the United States, the United Kingdom, Canada, Australia, Hong Kong, and Singapore. You can find a complete list of supported countries on their official website.

What Coins Are Supported on Gemini?

Gemini offers a diverse selection of over 80 cryptocurrencies for traders and investors, including popular options like BTC, ETH, GUSD, XRP, ADA, AAVE, DAI, LINK, LTC, USDC, and more.

How Much Are Gemini Fees?

Gemini provides various fee schedules depending on the product and usage level, including API fees, mobile fees, marketplace fees, app fees, custody fees, ActiveTrader™ fees, transfer fees, and more. To determine the appropriate fee schedule for your needs, you can refer to their products and corresponding fee structures on the Gemini Fees page.

Is It Possible To Use Leverage or Margin Trading on Gemini?

Gemini offers leverage and margin trading options. It permits up to 100x leverage for BTC, ETH, and PEPE perpetuals through its Gemini Crypto Derivatives product. Leverage settings are at the account level, with the default set at up to 20x.

Cryptocurrencies on Gemini exchange

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